Agents & Brokers News

How to Make Agent-Wholesale Relationships Work

It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a much needed asset to retail agents even though the need to …

Gale Force Winds Needed to Re-Inflate Insurance Share Prices

Nobody wishes for a natural disaster, but there’s nothing like a big U.S. hurricane to revitalize shares in property and casualty insurers, currently weighed down by persistently weak insurance prices. Nine analysts polled by Reuters on average said the U.S. …

EPIC Adds Senior VPs in Los Angeles, San Francisco

EPIC (Edgewood Partners Insurance Center), a retail property/casualty and employee benefits insurance brokerage, has added Jim Gillette as a principal and senior vice president in its Los Angeles office, as well as added Diane Browne as a property/casualty insurance producer …

Agents Applaud House Passage of Flood Insurance Program Extension

The U.S. House of Representatives has a measure extending the federal flood insurance program for five years. The bill, H.R. 5114, the “Flood Insurance Reform Priorities Act of 2010,” sponsored by Rep. Maxine Waters (D-Calif.) and Rep. Barney Frank (D-Mass.), …

How Financial Reform Package Affects Insurance, Surplus Lines

The Senate has passed the Dodd-Frank financial services reform package that will have some impact on the insurance industry and add involvement by the federal government in the state-based insurance regulatory system. The 2,300-page bill, which passed the Senate by …

Willis Appoints Harris Sr. VP

Willis, the global insurance broker, has named Mark Harris senior vice president in the company’s Risk Specialties Practice in Chicago. He will be responsible for business development with a focus on Fortune 1000, middle market, law firms and other professional …

Rainmaker Advisory Names Estrada Managing Director

David Estrada has been named managing director at Rainmaker Advisory LLC, based in Portland, Ore. Estrada has more than 25 years of experience in the retail insurance brokerage indutsry. He previously was president of USI Northern California.

Petrosino Named President of City of Hope Insurance Council

Los Angeles – July 16 2010. Gary Petrosino, Executive Vice President of Chubb & Son, has been appointed President of City of Hope’s National Insurance Industry Council (NIIC) group. Petrosino is an insurance executive, with more than 30 years experience …

Torus Executive Risks to Launch Professional Indemnity Platform

Torus Executive Risks Limited (TER), a joint venture between Nexus Underwriting Management and global specialty insurer Torus, has entered the Professional Lines market with the appointment of David Robinson as Professional Indemnity Manager. He joins TER from Lloyd’s Syndicate 3210 …

Barney & Barney Adds 13 Sales Associates in California

Barney & Barney LLC, a San Diego-based insurance brokerages, has added 13 new sales associates throughout its three branches in San Diego, Orange County and the Bay Area. The new hires, who are recent college graduates, include: Sarah Bedford, Robert …